A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and employers) is inefficient, Dimiter Brankov, BIA Vice President said for the Bulgarian National Radio. 70% of the respondents have cut staff, 15% have reduced salaries. More than 63% of enterprises are expecting to recover within the space of one year.
In an interview for bTV economist Rumen Galabinov stated that to get back on their feet, businesses need compensatory measures such as gratuitous and unconditional aid. Gratuitous – because many of the proposals by the state are for credits, and unconditional – because not all people can qualify for the aid offered.
Bulgarian President Rumen Radev , who attended the National Assembly of Sheep Breeders at the Peter and Paul Monastery near Lyaskovets, greeted the protesters today in various cities of the country demanding a referendum on the euro and the..
Thousands of citizens have gathered in the center of Sofia to protest against the introduction of the euro . The demonstration is supported by political parties Vazrazhdane, Velichie, Mech, VMRO and civic associations. Similar protests in defense of..
Hundreds of believers joined the open-air liturgy in the center of the second largest city in Bulgaria - Plovdiv, on the occasion of 1700 years since the First Ecumenical Council in Nicaea and the feast of the heavenly patron of the city - the holy..
The introduction of the euro will not affect household electricity prices, Energy Minister Zhecho Stankov told BNR. He added that from the day Bulgaria..
Thousands of citizens have gathered in the center of Sofia to protest against the introduction of the euro . The demonstration is supported by political..
Pope Leo XIV appeared last night in the Vatican Gardens wearing an omophorion gifted to him by Bulgarian Prime Minister Rosen Zhelyazkov , the Catholic..
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